Zuckerberg won the case against Twins

Posted on Apr 12 2011 - 4:00pm by akhtar

Mark Zuckerberg finally won a legal battle against former Harvard students who accuse him of stealing their idea for Facebook, but the case made famous on the silver screen is not over yet.

Cameron and Tyler Winklevoss must accept a cash and stock settlement with Facebook that had been valued at $65 million, a US appeals court ruled on Monday.

The Winklevoss brothers argued their settlement with Facebook was unfair because information was hidden from them by the company during talks.

On Monday an attorney for the brothers “Jerome Falk Jr.”, said his clients would seek a rehearing before a larger, “en banc” group of 9th Circuit judges, that larger group can overrule a three-judge panel, although only a fraction of cases undergo such a review.

The Winklevoss brothers are Olympic rowers who participated in the 2008 games in Beijing, and their history with Zuckerberg was dramatized in the film The Social Network.